Tuesday, Feb 17, 2009
Administration, Administration, Administration,
This Is Money: Location, Location star's firm goes bust
Property expert Phil Spencer's home-finding business has finally gone bust. The presenter of Channel 4's Location, Location, Location had put his own cash into Garrington Home Finders in a bid to save it.
Posted by garyb @ 12:27 PM (1399 views) Add Comment
10 Comments
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1. This comment has been removed as it was found to be in breach of our Blog Policies.
2. jack c said...
How could this possibly happen? I vaguely remember someone saying they would eat their hat if property prices were to fall !
See http://www.channel4.com/4homes/on-tv/relocation-relocation/about-phil-spener/about-phil-spencer-08-06-24_p_1.html
When Phil is not running his highly successful Property Search company, Garrington Home Finders, with his business partner and co-presenter, Kirstie Allsopp, he presents the Channel 4 property series Location, Location, Location, Relocation Relocation and Location Revisited. As a recognised and respected property professional, Phil’s experience of business and presenting, coupled with a warm and engaging manner, have also made him a popular corporate choice with clients including British Gas, HM Land Registry, and Norwich Union. Phil also writes a property column for London Agents South Magazine, has appeared in Home Buyer magazine and Night & Day in the Mail on Sunday and has a monthly column in The Sunday Times.
3. jackas said...
Assetz next please.
4. This comment has been removed as it was found to be in breach of our Blog Policies.
5. Crashmaster said...
There is a typo on the C4 website. "When Phil is not running his highly successful Property Search company, Garrington Home Finders, with his business partner and co-presenter, Kirstie Allsopp". Shouldn't this say 'ruining'?
6. inbreda said...
Yes - Assetz can't be far off. Perhaps we should have a sweepstake on when Mr Lawzz lozez the lot?
7. jack c said...
More Pent-up Demand For Housing
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16th February 2009 |
The Abbey recently carried out a survey conducted by ICM research that showed that one in five 18 to 24 year olds said they had either moved back in with their parents or delayed leaving home because of the credit crunch leading to larger deposits required and housing market uncertainties. To put that in context it is around one million potential homebuyers who have delayed their purchase.
Even 5% of 25 to 44 year olds are thought to have moved back in with their parents again during the credit crunch.
When credit starts to flow again I am convinced that we will see a significant surge in buying and this is just another example of where that pent-up demand is going to be coming from.
This news story has come from the property investment blog by Stuart Law, CEO Assetz plc.
8. This comment has been removed as it was found to be in breach of our Blog Policies.
9. Crunchy said...
Devine intervention. It's pay back time Phil and if you did not see it coming more fool you.
How much money/ill gotten gains are you prepared to burn?
10. will said...
Sorry Phil but we all warned you several years ago, it's a funny thing - greed. I wonder if, as a bankrupt, he will be able to keep his TV job?